American Man To Be Sentenced For Dealing Millions In Bitcoin (BTC)-7.25

Per a “News Release Summary” from the United States Department of Justice (DOJ), during a federal-level court hearing, a U.S. citizen has pled guilty to a crime pertaining to the cryptocurrency realm, or Bitcoin (BTC) to be specific.

The citizen, Jacob Burrell Campos of San Diego, reportedly confessed to operating an unlicensed money transmitting business, which was focused on the purchase and sale of crypto assets, Bitcoin (BTC) included. Campos reportedly sold “hundreds of thousands of dollars” worth of BTC to over 1,000 clients across the U.S. in 16 months, with the DOJ finding that he ran his business (of sorts) from January 2015 to April in 2016.